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The top and bottom 5 states for construction employment

February 10, 2023

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The five states with the lowest NSA unemployment rates were:

  • Colorado (1.2%).
  • Tennessee (2%).
  • Utah (2.1%).
  • Florida (2.2%).
  • Nebraska (2.6%).

All except Utah posted their lowest December NSA unemployment rate on record.

The bottom five states were:

  • Alaska (13.3%).
  • Wyoming (10.4%).
  • Minnesota (7.6%).
  • Ohio (7.4%).
  • Illinois (7.1%).

Economists look at national and state unemployment rates on a year-over-year basis because they are not seasonally adjusted, and thus are considered more accurate than monthly fluctuations.

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